Woodstock, AL is an ideal place to live for those looking for a more affordable lifestyle compared to other areas in the US. The average two bedroom rent in Woodstock, AL is $910 as opposed to the national average of $1,430 per month. Additionally, the Grocery Cost Index in Woodstock, AL is 94 versus 100 in the US. This makes grocery shopping much more affordable than elsewhere in the US. Local companies include Bama Auto Parts & Rebuilders and M&T Repair Specialists which offer residents excellent car services at competitive prices. All in all, Woodstock provides a great opportunity for people who are looking to save money and enjoy the small-town atmosphere while still having access to city amenities close by.
Woodstock has an unemployment rate of 3.3%. The US average is 6.0%.
Woodstock has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Woodstock
- The Sales Tax Rate for Woodstock is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Woodstock is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Woodstock
- The average income of a Woodstock resident is $26,379 a year. The US average is $37,638 a year.
- The Median household income of a Woodstock resident is $56,146 a year. The US average is $69,021 a year.